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U.S.-India relations enter a new chapter and could unlock even more tech and defense deals

India and the US have announced a series of technology and Defense Deals, strengthening their partnership and generating expectations that more deals will follow. The Biden administration has placed a huge bet on the strategic and economic relationship, which is not contingent upon India supporting the US down the line. The two countries are expected to reach more deals on technology in the future, as Washington pursues “friend-shoring” by diversifying away from China and tapping into the potential of other countries in the region. However, a free-trade agreement is unlikely in the short to medium term.

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